New stock news | Three major unicorns in intelligent driving rush to Hong Kong IPO! It is rumored that Yuanrong Qixing and Light Boat Zhixing have secretly submitted documents to the Hong Kong Stock Exchange.

According to reports, following the intelligent driving company Momenta, the self-driving company Yunrong Qixing and the unmanned driving company QCraft have all secretly submitted applications for listing on the Hong Kong Stock Exchange, with plans to go public within this year. Momenta had previously been rumored to raise at least around $1 billion (about HK$7.8 billion), with an expected IPO valuation exceeding a trillion yuan; QCraft's latest valuation is in the range of $1.5 billion to $2 billion (about HK$11.7 billion to HK$15.6 billion). The company has landed over 100 test vehicles in 2021. According to the company's website, QCraft was founded in Silicon Valley in March 2019, with core team members coming from unmanned driving companies such as Waymo under Google, Tesla, and NVIDIA. Its strategic partners include NVIDIA, Alibaba Cloud, Amazon Web Services, and Volcano Engine. The company had just completed a Series D financing in March, raising $100 million to accelerate the development of general artificial intelligence (AI). This financing round was jointly invested by a leading domestic host factory, Ningbo Ninghai Xing Taihe Fund, Liangxi Science and Technology Innovation Industry Fund (Bohua Capital Management), Huade Science and Technology Innovation, a leading automotive electronic components company, and other heavyweight industrial investors and investment institutions. Data shows that Yunrong Qixing is a technology company focused on researching and applying advanced intelligent driving technology, dedicated to building "universal artificial intelligence in the physical world" to create AI drivers with innovative technologies. The company completed a Series C financing in 2024, raising $100 million.